Goldman cuts 1Q GDP to 1.2% on coronavirus

Author: Greg Michalowski | Category: News

CNBC reports

CNBC is reporting that Goldman Sachs sees 1st quarter GDP cut to 1.2% on coronavirus concerns. 
  • The risks are clearly skewed to the downside until the outbreak is contained according to Goldman chief economists Jan Hatzius
  • Goldman initially had growth pegged at 1.4%
  • 4th quarter growth came in at 2.1% and 2.3% in 2019

See the full story HERE

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